U.S. hi-tech energy unit extends life in budget deal

Reuters
April 20, 2011

A high-tech U.S. research agency will get $130 million for programs that could one day decrease the cost of solar power and lessen dependence on rare earth metals used for alternative energy, the U.S. energy secretary said.

The funding, which partially came from this month's federal budget deal, will go to five new programs at the Advanced Research Projects Agency-Energy, or Arpa-E.
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